Perfect storm: Insurers battle deluge of 500,000 catastrophic claims – Analysis – Insurance News

A series of hurdles have constrained insurers as they battle half a million claims from a series of some of the worst catastrophes ever experienced in Australia. Insurance Council of Australia (ICA) tells insuranceNEWS.com.au, the industry has been hit by 379,368 claims resulting in losses of $5.84 billion from the combined total of three declared … Read more

‘We’re not sure how ready we are for retirement’: We’re 60 and 61, and we don’t know how much longer we can work, have $360,000 in retirement savings and a pension

I am a 61 year old teacher in Missouri who plans to work 3-4 more years before retirement. Depending on which option my husband and I choose from the Public Schools Retirement System, we should be receiving between $5,200 and $6,000 per month for the rest of our lives. My husband is 60 and has … Read more